Asset Backed Yield Trust
The Adelaide Managed Funds Asset Backed Yield Trust (the Fund) is an Australian registered managed investment scheme that invests in asset-backed securities.
An investment in the Fund provides investors with exposure to a class of assets not generally available to retail investors.
On 17 September 2010, Unitholders approved the implementation of an orderly wind down of the Fund, at an Extraordinary General Meeting held in Adelaide.
As part of the wind down process, ASX approved the removal of the Fund from official quotation. The Fund ceased trading on ASX on 15 December 2011.
For further updates on the progress of the wind down, please visit the News page.